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Global Underground Mining Equipment Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: May 2025
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Report Code: QYRE-Auto-22H490
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Global Underground Mining Equipment Market Insights and Forecast to 2027
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Global Underground Mining Equipment Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-22H490
Report
May 2025
Pages:135
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Underground Mining Equipment Market Size

In 2024, the global market size of Underground Mining Equipment was estimated to be worth US$ 25920 million and is forecast to reach approximately US$ 40820 million by 2031 with a CAGR of 6.8% during the forecast period 2025-2031.

Underground Mining Equipment Market

Underground Mining Equipment Market

Underground Mining Equipment is the mining equipment used in the underground. Underground mining is a technique used to access ores and valuable minerals in the ground by digging into the ground to extract them.
Global Underground Mining Equipment key players include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, etc. Global top five players hold a share about 50%.
North America is the largest market, with a share about 30%, followed by Europe, having a share about 25 percent.
In terms of product, Longwall is the largest segment, with a share about 75%. And in terms of application, the largest application is Coal Mining, followed by Metal Mining, Mineral Mining.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Underground Mining Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Underground Mining Equipment.
The Underground Mining Equipment market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Underground Mining Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Underground Mining Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
Market Segmentation

Scope of Underground Mining Equipment Market Report

Report Metric Details
Report Name Underground Mining Equipment Market
Forecasted market size in 2031 approximately US$ 40820 million
CAGR 6.8%
Forecasted years 2025 - 2031
Segment by Type
  • Longwall
  • Room and Pillar
Segment by Application
  • Coal Mining
  • Metal Mining
  • Mineral Mining
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, Atlas Copco, Metso, ThyssenKrupp, Liebherr-International, ZMJ, FLSmidth, Doosan Infracore, China Coal Group
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on.
  • Chapter 2: Revenue of Underground Mining Equipment in global and regional level.
  • Chapter 3: Detailed analysis of Underground Mining Equipment company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Underground Mining Equipment revenue, gross margin, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
  • Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
  • Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
  • Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 14: Research Findings and Conclusion

FAQ for this report

What is the Underground Mining Equipment Market size in 2031?

Ans: The Underground Mining Equipment Market size in 2031 will be approximately US$ 40820 million.

What is the market share of major companies in Underground Mining Equipment Market?

Ans: Global top five players hold a share about 50%.

What is the Underground Mining Equipment Market share by type?

Ans: In terms of product, Longwall is the largest segment, with a share about 75%.

Who are the main players in the Underground Mining Equipment Market report?

Ans: The main players in the Underground Mining Equipment Market are Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, Atlas Copco, Metso, ThyssenKrupp, Liebherr-International, ZMJ, FLSmidth, Doosan Infracore, China Coal Group

What are the Application segmentation covered in the Underground Mining Equipment Market report?

Ans: The Applications covered in the Underground Mining Equipment Market report are Coal Mining, Metal Mining, Mineral Mining

What are the Type segmentation covered in the Underground Mining Equipment Market report?

Ans: The Types covered in the Underground Mining Equipment Market report are Longwall, Room and Pillar

1 Study Coverage
1.1 Underground Mining Equipment Product Introduction
1.2 Market by Type
1.2.1 Global Underground Mining Equipment Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Longwall
1.2.3 Room and Pillar
1.3 Market by Application
1.3.1 Global Underground Mining Equipment Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Coal Mining
1.3.3 Metal Mining
1.3.4 Mineral Mining
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Underground Mining Equipment Market Size Estimates and Forecasts
2.2 Underground Mining Equipment Market Size by Region: 2024 Versus 2031
2.2.1 Global Underground Mining Equipment Revenue by Region: 2020-2025
2.2.2 Global Underground Mining Equipment Revenue Forecast by Region (2026-2031)
2.2.3 Global Underground Mining Equipment Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Underground Mining Equipment Revenue by Type (2020-2031)
3.1.2 Global Underground Mining Equipment Revenue Market Share by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Underground Mining Equipment Revenue by Application (2020-2031)
3.2.2 Global Underground Mining Equipment Revenue Market Share by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Longwall of Underground Mining Equipment Revenue Market Share by Application
3.3.2 Room and Pillar of Underground Mining Equipment Revenue Market Share by Application
4 Global Underground Mining Equipment by Company
4.1 Global Underground Mining Equipment Revenue by Company (2020-2025)
4.2 Global Underground Mining Equipment Revenue Share by Company (2020-2025)
4.3 Competitive Landscape
4.3.1 Key Underground Mining Equipment Companies around the World: Ranking by Revenue
4.3.2 Global Underground Mining Equipment Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.3.3 Global Underground Mining Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 Global Underground Mining Equipment Companies Headquarters & Product Type
4.4.1 Global Underground Mining Equipment Companies Headquarters
4.4.2 Date of International Companies Enter into Underground Mining Equipment Market
4.4.3 Global Underground Mining Equipment Companies Product & Service
4.4.4 Longwall Revenue Market Share of Underground Mining Equipment by Company
4.4.5 Room and Pillar Revenue Market Share of Underground Mining Equipment by Company
4.5 Global Underground Mining Equipment Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Caterpillar
5.1.1 Caterpillar Corporation Information
5.1.2 Caterpillar Description, Business Overview
5.1.3 Caterpillar Underground Mining Equipment Products Offered
5.1.4 Caterpillar Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.1.5 Caterpillar Underground Mining Equipment Revenue by Product in 2024
5.1.6 Caterpillar Underground Mining Equipment Revenue by Application in 2024
5.1.7 Caterpillar Underground Mining Equipment Revenue by Geographic Area in 2024
5.1.8 Caterpillar Recent Developments
5.2 Komatsu (Joy Global)
5.2.1 Komatsu (Joy Global) Corporation Information
5.2.2 Komatsu (Joy Global) Description, Business Overview
5.2.3 Komatsu (Joy Global) Underground Mining Equipment Products Offered
5.2.4 Komatsu (Joy Global) Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.2.5 Komatsu (Joy Global) Underground Mining Equipment Revenue by Product in 2024
5.2.6 Komatsu (Joy Global) Underground Mining Equipment Revenue by Application in 2024
5.2.7 Komatsu (Joy Global) Underground Mining Equipment Revenue by Geographic Area in 2024
5.2.8 Komatsu (Joy Global) Recent Developments
5.3 Volvo
5.3.1 Volvo Corporation Information
5.3.2 Volvo Description, Business Overview
5.3.3 Volvo Underground Mining Equipment Products Offered
5.3.4 Volvo Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.3.5 Volvo Underground Mining Equipment Revenue by Product in 2024
5.3.6 Volvo Underground Mining Equipment Revenue by Application in 2024
5.3.7 Volvo Underground Mining Equipment Revenue by Geographic Area in 2024
5.3.8 Volvo Recent Developments
5.4 Hitachi Construction Machinery
5.4.1 Hitachi Construction Machinery Corporation Information
5.4.2 Hitachi Construction Machinery Description, Business Overview
5.4.3 Hitachi Construction Machinery Underground Mining Equipment Products Offered
5.4.4 Hitachi Construction Machinery Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.4.5 Hitachi Construction Machinery Underground Mining Equipment Revenue by Product in 2024
5.4.6 Hitachi Construction Machinery Underground Mining Equipment Revenue by Application in 2024
5.4.7 Hitachi Construction Machinery Underground Mining Equipment Revenue by Geographic Area in 2024
5.4.8 Hitachi Construction Machinery Recent Developments
5.5 Sandvik
5.5.1 Sandvik Corporation Information
5.5.2 Sandvik Description, Business Overview
5.5.3 Sandvik Underground Mining Equipment Products Offered
5.5.4 Sandvik Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.5.5 Sandvik Underground Mining Equipment Revenue by Product in 2024
5.5.6 Sandvik Underground Mining Equipment Revenue by Application in 2024
5.5.7 Sandvik Underground Mining Equipment Revenue by Geographic Area in 2024
5.5.8 Sandvik Recent Developments
5.6 Atlas Copco
5.6.1 Atlas Copco Corporation Information
5.6.2 Atlas Copco Description, Business Overview
5.6.3 Atlas Copco Underground Mining Equipment Products Offered
5.6.4 Atlas Copco Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.6.5 Atlas Copco Underground Mining Equipment Revenue by Product in 2024
5.6.6 Atlas Copco Underground Mining Equipment Revenue by Application in 2024
5.6.7 Atlas Copco Underground Mining Equipment Revenue by Geographic Area in 2024
5.6.8 Atlas Copco Recent Developments
5.7 Metso
5.7.1 Metso Corporation Information
5.7.2 Metso Description, Business Overview
5.7.3 Metso Underground Mining Equipment Products Offered
5.7.4 Metso Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.7.5 Metso Underground Mining Equipment Revenue by Product in 2024
5.7.6 Metso Underground Mining Equipment Revenue by Application in 2024
5.7.7 Metso Underground Mining Equipment Revenue by Geographic Area in 2024
5.7.8 Metso Recent Developments
5.8 ThyssenKrupp
5.8.1 ThyssenKrupp Corporation Information
5.8.2 ThyssenKrupp Description, Business Overview
5.8.3 ThyssenKrupp Underground Mining Equipment Products Offered
5.8.4 ThyssenKrupp Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.8.5 ThyssenKrupp Underground Mining Equipment Revenue by Product in 2024
5.8.6 ThyssenKrupp Underground Mining Equipment Revenue by Application in 2024
5.8.7 ThyssenKrupp Underground Mining Equipment Revenue by Geographic Area in 2024
5.8.8 ThyssenKrupp Recent Developments
5.9 Liebherr-International
5.9.1 Liebherr-International Corporation Information
5.9.2 Liebherr-International Description, Business Overview
5.9.3 Liebherr-International Underground Mining Equipment Products Offered
5.9.4 Liebherr-International Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.9.5 Liebherr-International Underground Mining Equipment Revenue by Product in 2024
5.9.6 Liebherr-International Underground Mining Equipment Revenue by Application in 2024
5.9.7 Liebherr-International Underground Mining Equipment Revenue by Geographic Area in 2024
5.9.8 Liebherr-International Recent Developments
5.10 ZMJ
5.10.1 ZMJ Corporation Information
5.10.2 ZMJ Description, Business Overview
5.10.3 ZMJ Underground Mining Equipment Products Offered
5.10.4 ZMJ Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.10.5 ZMJ Underground Mining Equipment Revenue by Product in 2024
5.10.6 ZMJ Underground Mining Equipment Revenue by Application in 2024
5.10.7 ZMJ Underground Mining Equipment Revenue by Geographic Area in 2024
5.10.8 ZMJ Recent Developments
5.11 FLSmidth
5.11.1 FLSmidth Corporation Information
5.11.2 FLSmidth Description, Business Overview
5.11.3 FLSmidth Underground Mining Equipment Products Offered
5.11.4 FLSmidth Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.11.5 FLSmidth Underground Mining Equipment Revenue by Product in 2024
5.11.6 FLSmidth Underground Mining Equipment Revenue by Application in 2024
5.11.7 FLSmidth Underground Mining Equipment Revenue by Geographic Area in 2024
5.11.8 FLSmidth Recent Developments
5.12 Doosan Infracore
5.12.1 Doosan Infracore Corporation Information
5.12.2 Doosan Infracore Description, Business Overview
5.12.3 Doosan Infracore Underground Mining Equipment Products Offered
5.12.4 Doosan Infracore Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.12.5 Doosan Infracore Underground Mining Equipment Revenue by Product in 2024
5.12.6 Doosan Infracore Underground Mining Equipment Revenue by Application in 2024
5.12.7 Doosan Infracore Underground Mining Equipment Revenue by Geographic Area in 2024
5.12.8 Doosan Infracore Recent Developments
5.13 China Coal Group
5.13.1 China Coal Group Corporation Information
5.13.2 China Coal Group Description, Business Overview
5.13.3 China Coal Group Underground Mining Equipment Products Offered
5.13.4 China Coal Group Underground Mining Equipment Revenue and Gross Margin (2020-2025)
5.13.5 China Coal Group Underground Mining Equipment Revenue by Product in 2024
5.13.6 China Coal Group Underground Mining Equipment Revenue by Application in 2024
5.13.7 China Coal Group Underground Mining Equipment Revenue by Geographic Area in 2024
5.13.8 China Coal Group Recent Developments
6 North America
6.1 North America Underground Mining Equipment Market Size YoY Growth 2020-2031
6.2 North America Underground Mining Equipment Market Facts & Figures by Country (2020-2031)
6.3 North America Underground Mining Equipment Revenue by Type (2020-2025)
6.4 North America Underground Mining Equipment Revenue by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Underground Mining Equipment Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Underground Mining Equipment Market Facts & Figures by Region (2020-2031)
7.3 Asia-Pacific Underground Mining Equipment Revenue by Type (2020-2025)
7.4 Asia-Pacific Underground Mining Equipment Revenue by Application (2020-2025)
8 Europe
8.1 Europe Underground Mining Equipment Market Size YoY Growth 2020-2031
8.2 Europe Underground Mining Equipment Market Facts & Figures by Country (2020-2031)
8.3 Europe Underground Mining Equipment Revenue by Type (2020-2025)
8.4 Europe Underground Mining Equipment Revenue by Application (2020-2025)
9 Latin America
9.1 Latin America Underground Mining Equipment Market Size YoY Growth 2020-2031
9.2 Latin America Underground Mining Equipment Market Facts & Figures by Country (2020-2031)
9.3 Latin America Underground Mining Equipment Revenue by Type (2020-2025)
9.4 Latin America Underground Mining Equipment Revenue by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Underground Mining Equipment Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Underground Mining Equipment Market Facts & Figures by Country (2020-2031)
10.3 Middle East and Africa Underground Mining Equipment Revenue by Type (2020-2025)
10.4 Middle East and Africa Underground Mining Equipment Revenue by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Underground Mining Equipment Supply Chain Analysis
11.2 Underground Mining Equipment Key Raw Materials and Upstream Suppliers
11.3 Underground Mining Equipment Clients Analysis
11.4 Underground Mining Equipment Sales Channel and Sales Model Analysis
11.4.1 Underground Mining Equipment Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Underground Mining Equipment Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Underground Mining Equipment Distributors
12 Underground Mining Equipment Market Dynamics
12.1 Underground Mining Equipment Industry Trends
12.2 Underground Mining Equipment Market Drivers
12.3 Underground Mining Equipment Market Challenges
12.4 Underground Mining Equipment Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
List of Tables
 Table 1. Global Underground Mining Equipment Market Size Growth Rate (CAGR) by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Underground Mining Equipment Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Underground Mining Equipment Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Underground Mining Equipment Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Underground Mining Equipment Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 6. Global Underground Mining Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 7. Global Underground Mining Equipment Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 8. Global Underground Mining Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 9. Global Underground Mining Equipment Revenue Forecast by Application (2026-2031) & (US$ Million)
 Table 10. Underground Mining Equipment Revenue by Company (2020-2025) & (US$ Million)
 Table 11. Underground Mining Equipment Revenue Share by Company (2020-2025)
 Table 12. Ranking of Global Top Underground Mining Equipment Players by Revenue (US$ Million) in 2024
 Table 13. Global Underground Mining Equipment Companies Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 14. Global Underground Mining Equipment by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Underground Mining Equipment as of 2024)
 Table 15. Global Underground Mining Equipment Companies Headquarters
 Table 16. Date of International Companies Enter into Underground Mining Equipment Market
 Table 17. Global Underground Mining Equipment Companies Product & Service
 Table 18. Global Underground Mining Equipment Mergers & Acquisitions, Expansion Plans
 Table 19. Caterpillar Corporation Information
 Table 20. Caterpillar Description and Business Overview
 Table 21. Caterpillar Underground Mining Equipment Product
 Table 22. Caterpillar Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 23. Caterpillar Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 24. Caterpillar Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 25. Caterpillar Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 26. Caterpillar Recent Developments
 Table 27. Komatsu (Joy Global) Corporation Information
 Table 28. Komatsu (Joy Global) Description and Business Overview
 Table 29. Komatsu (Joy Global) Underground Mining Equipment Product
 Table 30. Komatsu (Joy Global) Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 31. Komatsu (Joy Global) Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 32. Komatsu (Joy Global) Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 33. Komatsu (Joy Global) Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 34. Komatsu (Joy Global) Recent Developments
 Table 35. Volvo Corporation Information
 Table 36. Volvo Description and Business Overview
 Table 37. Volvo Underground Mining Equipment Product
 Table 38. Volvo Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 39. Volvo Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 40. Volvo Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 41. Volvo Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 42. Volvo Recent Developments
 Table 43. Hitachi Construction Machinery Corporation Information
 Table 44. Hitachi Construction Machinery Description and Business Overview
 Table 45. Hitachi Construction Machinery Underground Mining Equipment Product
 Table 46. Hitachi Construction Machinery Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 47. Hitachi Construction Machinery Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 48. Hitachi Construction Machinery Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 49. Hitachi Construction Machinery Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 50. Hitachi Construction Machinery Recent Developments
 Table 51. Sandvik Corporation Information
 Table 52. Sandvik Description and Business Overview
 Table 53. Sandvik Underground Mining Equipment Product
 Table 54. Sandvik Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 55. Sandvik Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 56. Sandvik Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 57. Sandvik Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 58. Sandvik Recent Developments
 Table 59. Atlas Copco Corporation Information
 Table 60. Atlas Copco Description and Business Overview
 Table 61. Atlas Copco Underground Mining Equipment Product
 Table 62. Atlas Copco Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 63. Atlas Copco Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 64. Atlas Copco Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 65. Atlas Copco Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 66. Atlas Copco Recent Developments
 Table 67. Metso Corporation Information
 Table 68. Metso Description and Business Overview
 Table 69. Metso Underground Mining Equipment Product
 Table 70. Metso Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 71. Metso Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 72. Metso Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 73. Metso Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 74. Metso Recent Developments
 Table 75. ThyssenKrupp Corporation Information
 Table 76. ThyssenKrupp Description and Business Overview
 Table 77. ThyssenKrupp Underground Mining Equipment Product
 Table 78. ThyssenKrupp Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 79. ThyssenKrupp Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 80. ThyssenKrupp Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 81. ThyssenKrupp Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 82. ThyssenKrupp Recent Developments
 Table 83. Liebherr-International Corporation Information
 Table 84. Liebherr-International Description and Business Overview
 Table 85. Liebherr-International Underground Mining Equipment Product
 Table 86. Liebherr-International Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 87. Liebherr-International Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 88. Liebherr-International Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 89. Liebherr-International Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 90. Liebherr-International Recent Developments
 Table 91. ZMJ Corporation Information
 Table 92. ZMJ Description and Business Overview
 Table 93. ZMJ Underground Mining Equipment Product
 Table 94. ZMJ Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 95. ZMJ Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 96. ZMJ Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 97. ZMJ Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 98. ZMJ Recent Developments
 Table 99. FLSmidth Corporation Information
 Table 100. FLSmidth Description and Business Overview
 Table 101. FLSmidth Underground Mining Equipment Product
 Table 102. FLSmidth Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 103. FLSmidth Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 104. FLSmidth Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 105. FLSmidth Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 106. FLSmidth Recent Developments
 Table 107. Doosan Infracore Corporation Information
 Table 108. Doosan Infracore Description and Business Overview
 Table 109. Doosan Infracore Underground Mining Equipment Product
 Table 110. Doosan Infracore Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 111. Doosan Infracore Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 112. Doosan Infracore Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 113. Doosan Infracore Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 114. Doosan Infracore Recent Developments
 Table 115. China Coal Group Corporation Information
 Table 116. China Coal Group Description and Business Overview
 Table 117. China Coal Group Underground Mining Equipment Product
 Table 118. China Coal Group Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 119. China Coal Group Revenue Proportion of Underground Mining Equipment by Product in 2024
 Table 120. China Coal Group Revenue Proportion of Underground Mining Equipment by Application in 2024
 Table 121. China Coal Group Revenue Proportion of Underground Mining Equipment by Geographic Area in 2024
 Table 122. China Coal Group Recent Developments
 Table 123. North America Underground Mining Equipment Revenue by Country (2020-2025) & (US$ Million)
 Table 124. North America Underground Mining Equipment Revenue by Country (2026-2031) & (US$ Million)
 Table 125. North America Underground Mining Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 126. North America Underground Mining Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 127. Asia-Pacific Underground Mining Equipment Revenue by Region (2020-2025) & (US$ Million)
 Table 128. Asia-Pacific Underground Mining Equipment Revenue by Region (2026-2031) & (US$ Million)
 Table 129. Asia-Pacific Underground Mining Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 130. Asia-Pacific Underground Mining Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 131. Europe Underground Mining Equipment Revenue by Country (2020-2025) & (US$ Million)
 Table 132. Europe Underground Mining Equipment Revenue by Country (2026-2031) & (US$ Million)
 Table 133. Europe Underground Mining Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 134. Europe Underground Mining Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 135. Latin America Underground Mining Equipment Revenue by Country (2020-2025) & (US$ Million)
 Table 136. Latin America Underground Mining Equipment Revenue by Country (2026-2031) & (US$ Million)
 Table 137. Latin America Underground Mining Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 138. Latin America Underground Mining Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 139. Middle East and Africa Underground Mining Equipment Revenue by Country (2020-2025) & (US$ Million)
 Table 140. Middle East and Africa Underground Mining Equipment Revenue by Country (2026-2031) & (US$ Million)
 Table 141. Middle East and Africa Underground Mining Equipment Revenue by Type (2020-2025) & (US$ Million)
 Table 142. Middle East and Africa Underground Mining Equipment Revenue by Application (2020-2025) & (US$ Million)
 Table 143. Underground Mining Equipment Key Raw Materials, Industry Status and Trend
 Table 144. Underground Mining Equipment Key Raw Materials and Upstream Suppliers
 Table 145. Underground Mining Equipment Clients Status and Trend
 Table 146. Underground Mining Equipment Typical Clients
 Table 147. Underground Mining Equipment Distributors
 Table 148. Underground Mining Equipment Market Trends
 Table 149. Underground Mining Equipment Market Drivers
 Table 150. Underground Mining Equipment Market Challenges
 Table 151. Underground Mining Equipment Market Restraints
 Table 152. Research Programs/Design for This Report
 Table 153. Key Data Information from Secondary Sources
 Table 154. Key Data Information from Primary Sources


List of Figures
 Figure 1. Underground Mining Equipment Product Picture
 Figure 2. Global Underground Mining Equipment Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Underground Mining Equipment Revenue Market Share by Type in 2024 & 2031
 Figure 4. Longwall Product Picture
 Figure 5. Room and Pillar Product Picture
 Figure 6. Global Underground Mining Equipment Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 7. Global Underground Mining Equipment Revenue Market Share by Application in 2024 & 2031
 Figure 8. Coal Mining
 Figure 9. Metal Mining
 Figure 10. Mineral Mining
 Figure 11. Underground Mining Equipment Report Years Considered
 Figure 12. Global Underground Mining Equipment Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Underground Mining Equipment Market Size (2020-2031) & (US$ Million)
 Figure 14. Global Underground Mining Equipment Market Size Market Share by Region: 2024 Versus 2031
 Figure 15. Global Underground Mining Equipment Revenue Market Share by Region (2020-2031)
 Figure 16. Global Underground Mining Equipment Revenue Market Share Forecast by Type (2020-2031)
 Figure 17. Global Underground Mining Equipment Revenue Market Share Forecast by Application (2020-2031)
 Figure 18. Longwall of Underground Mining Equipment Revenue Market Share by Application, 2024 VS 2031
 Figure 19. Room and Pillar of Underground Mining Equipment Revenue Market Share by Application, 2024 VS 2031
 Figure 20. Underground Mining Equipment Revenue Share by Company (2024)
 Figure 21. Underground Mining Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. Longwall Revenue Proportion by Company in 2024
 Figure 23. Room and Pillar Revenue Proportion by Company in 2024
 Figure 24. North America Underground Mining Equipment Revenue 2020-2031 (US$ Million)
 Figure 25. North America Underground Mining Equipment Revenue Market Share by Type (2020-2025)
 Figure 26. North America Underground Mining Equipment Revenue Market Share by Application (2020-2025)
 Figure 27. Asia-Pacific Underground Mining Equipment Revenue 2020-2031 (US$ Million)
 Figure 28. Asia-Pacific Underground Mining Equipment Revenue Market Share by Region (2020-2031)
 Figure 29. Asia-Pacific Underground Mining Equipment Revenue Market Share by Type (2020-2025)
 Figure 30. Asia-Pacific Underground Mining Equipment Revenue Market Share by Application (2020-2025)
 Figure 31. Europe Underground Mining Equipment Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 32. Europe Underground Mining Equipment Revenue Market Share by Country (2020-2031)
 Figure 33. Europe Underground Mining Equipment Revenue Market Share by Type (2020-2025)
 Figure 34. Europe Underground Mining Equipment Revenue Market Share by Application (2020-2025)
 Figure 35. Latin America Underground Mining Equipment Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 36. Latin America Underground Mining Equipment Revenue Market Share by Country (2020-2031)
 Figure 37. Latin America Underground Mining Equipment Revenue Market Share by Type (2020-2025)
 Figure 38. Latin America Underground Mining Equipment Revenue Market Share by Application (2020-2025)
 Figure 39. Middle East and Africa Underground Mining Equipment Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 40. Middle East and Africa Underground Mining Equipment Revenue Market Share by Country (2020-2031)
 Figure 41. Middle East and Africa Underground Mining Equipment Revenue Market Share by Type (2020-2025)
 Figure 42. Middle East and Africa Underground Mining Equipment Revenue Market Share by Application (2020-2025)
 Figure 43. Underground Mining Equipment Supply Chain (Upstream and Downstream Market)
 Figure 44. Global Production Market Share of Underground Mining Equipment Raw Materials by Region in 2024
 Figure 45. Underground Mining Equipment Distribution Channels
 Figure 46. Global Underground Mining Equipment Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 47. Global Underground Mining Equipment Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 48. Bottom-up and Top-down Approaches for This Report
 Figure 49. Data Triangulation
 Figure 50. Key Executives Interviewed
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